Archived News

12/01/2016 (Hindu Business line) - Downtrend continued in soy oil and soybean on weak global cues and slack demand in soy meal with soy refined today in local mandis today declining to Rs. 610-Rs 612 (down Rs. 13 from last week).

11/01/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Jan 11.

11/01/2016 (Bernama) - A resident of Kampung Felda Bukit Goh is determined not to lease her oil palm land to be turned into a bauxite ore mining area despite getting an offer that reached RM1 million as payment.

11/01/2016 (Bloomberg) - Palm oil shipments from Indonesia, the world’s biggest exporter, probably fell in December to the lowest level in four months amid expectations demand from China and India is waning.

11/01/2016 (Reuters) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

11/01/2016 (Truth Out) - Residents of Palawan Island in the Philippines have united to take on the companies that they say have grabbed their land.

11/01/2016 (Bangkok Post) - Asean palm oil producers are poised to benefit from a price rebound that could be sustained throughout 2016, as dry conditions linked to El Nino curb palm production while demand surges from fuel producers for palm-based biodiesel.

11/01/2016 (Livemint) - Crude palm oil futures traded higher on MCX due to pickup in demand in the spot market. Further, limited arrivals from producing belts too weighed on crude palm oil prices.

11/01/2016 (AllAfrica.com) - The FSDH Merchant Bank Limited has predicted that the December 2015 inflation rate (year-on-year) will inch up to 9.42 per cent from the 9.37 per cent recorded in November 2015.

11/01/2016 (PTI) - There has been no change in the pattern of trading at the wholesale oils and oilseeds market for yet another week with edible oil prices sliding further owing to muted demand from retailers and vanaspati millers against sufficient stocks on higher supplies from producing belts.

08/01/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

08/01/2016 (Bernama) - Human & Eco Energy Resources Dev't (M) Sdn Bhd (Human & Eco) aims to increase its export of palm kernel shell to 200,000 tonnes this year from 120,000 tonnes worth RM36 million last year.